Republic Business Credit has partnered with a Los Angeles-based women’s luxury apparel manufacturer to outsource the management of its accounts receivable. Republic will manage the credit and collections function for this company, allowing the founder and executive team to focus on strategic growth and brand expansion.
The company was introduced to Republic by its accounting firm.
“The apparel industry is unique; it requires solutions tailored to each manufacturer’s specific supply chain and customer strategy,” Tae Chung, senior vice president, business development at Republic Business Credit, said. “We’ve found a perfect fit here, and we’re eager to support their continued evolution.”
The company can reinvest savings from outsourcing its accounts receivable function, redirecting those dollars toward revenue-generating activities and greater profitability.
“We prioritize partnerships that align with our clients’ long-term objectives,” Robert Meyers, president of Republic Business Credit, said. “Supporting growing businesses with tailored solutions is central to our approach, and we’re proud to work alongside a team with shared philosophies.”
